Forex technical analysis: EURUSD dips below 100 hour MA. We’ve heard that song…

Yesterday, the price fell below but could not go very far.
The EURUSD has fallen below the 100 hour MA at the 1.12095 level. That should be more bearish for traders, but we heard that song yesterday and it ended up being a dud of a tune. That is… the price fell below but went no where (it held support near 1.1171).